Business Arts And Recreation Center Inc

Organization Overview

Business Arts And Recreation Center Inc, operating under the name Barc Inc, is located in Windom, MN. The organization was established in 2002. According to its NTEE Classification (N30) the organization is classified as: Physical Fitness & Community Recreational Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2023, Barc Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barc Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Barc Inc generated $175.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $177.1k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO MAINTAIN A FORMER SCHOOL BUILDING IN ORDER TO PROVIDE THE COMMUNITY WITH A FACILITY FOR BUSINESS, ARTS, EDUCATION, CONCERTS, THEATER, SOCIAL AND OTHER

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUSINESS, ARTS, AND RECREATIONAL CENTER, INC. (BARC)MAINTAINS A FORMER SCHOOL BUILDING FOR COMMUNITY EVENTS SUCH AS CONCERTS, PERFORMING ARTS, RECREATIONAL ACTIVITIES, EDUCATIONAL CLASS ROOMS, WEDDING RECEPTIONS, AND OTHER COMMUNITY EVENTS. MANY EVENTS ARE TO THE PUBLIC FOR A NOMINAL CHARGE. BARC ALSO RENTS PART OF THE FACILITY FOR STORAGE. THESE RENTS GO TO MAINTENANCE ON THE 76,000 SQ FOOT BUILDING.


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Board, Officers & Key Employees

Name (title)Compensation
Ashley Johnson
President
$0
John Holt
Vice President
$0
Cheryl Hanson
Treasurer
$0
Juane Elston
Secretary
$0
Al Baloun
Director
$0
Jaime Banks
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$7,850
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$85,159
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$93,009
Total Program Service Revenue$66,697
Investment income $2,895
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $13,332
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $175,933

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